⭐[ANN][ICO]⭐⭐⭐⭐KahnChat Mobile Payment and Social Networking Crowdsale Live Now - page 21.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: notbad4day on February 11, 2018, 09:52:05 AM

They say that the project’s gonna create its own exchange… What will it be possible to convert there? What currencies?

KahnChat in fact is a mini exchange, not like the other exchange support buy and sell to many currencies.

KahnChat users can buy and sell the supported cryptocurrency by KahnChat within the app to other KahnChat user in USD.

Example:
BTC/USD, ETH/USD, LTC/USD, DASH/USD, BCH/USD and KCH/USD

KahnChat do not provide other currency support like
BTC/ETH, LTC/BTC, DASH/BTC.... etc

The user who wants to buy the cryptocurrency can browse from the KahnChat mini exchange and use their account balance to buy from the other user who want to sell their cryptocurrency.

The user who sells their cryptocurrency in the mini exchange will receive the fund transfer to their account balance when other KahnChat user buy their cryptocurrency.

notbad4day

member

Activity: 392

Merit: 10

They say that the project’s gonna create its own exchange… What will it be possible to convert there? What currencies?

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: bitmonica on February 11, 2018, 09:15:00 AM

the app seems very useful and convenient. In sending money, will the sender be notified if the money was received already?

For Fiat currency spending, the receiver will receive a push notification when fund arrived, it is almost instant confirmation due to the fund is actually an internal fund transfer from one KahnChat account to another KahnChat account. (unless the receiver does not have internet connection).

For cryptocurrency spending, the receiver will receive a push notification when the network confirmed the transaction, this will rely on the selected cryptocurrency blockchain network. if the selected cryptocurrency blockchain in huge congestion, the notification might not instantly, this is the limitation of the blockchain technology.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: spyQQgood on February 11, 2018, 09:12:16 AM

Does the project cooperate with anyone in order to ensure the withdrawal of the funds, let say, with the help of publicly available ATMs?

The objective of KahnChat payment is to achieve a cardless and cashless world.

The user can use their account balance to buy anything from any shop, pay for any service to any service provider who is also Kahnchat user. In this case, the user doesn't need to have the fund withdraw to cash.

But, we do understand the aim will not happen in overnight, only when more users or merchant start using KahnChat, thus the user can also make withdrawals from their KahnChat account balance to their bank account via SWIFT or IBAN, once the user received fund to their bank account, they can use their bank ATM card to withdraw from any ATM machine.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: Shaurman on February 11, 2018, 09:06:53 AM

As i understand it, KC wallet is able to work both with fiat and cryptocurrency. Will there be an option of exchange within the wallet implemented?

Kahnchat cryptocurrency wallet will support BTC, ETH, LTC, DASH, BCH and KCH. In fact, KahnChat is a mini exchange on itself so the user can buy and sell their cryptocurrency to other KahnChat user within the app.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: shara on February 11, 2018, 08:47:09 AM

Will users be able to give each other just cosmetic items, or among them will be those, that are really able to improve a unicorn’s quality?

Yes

There is a feature in KahnChat where the user can utilize it.

Example:
User A set up a 'Packet Grab' event, set the maximum amount of $xxxx. Set the maximum per reward per click. Set the rules to give or not to give same person who had received the reward.
User A share the link to his friends or family or members
Any KahnChat user received the links can click it, a random reward of $xxx will be awarded to the person who clicked the link.

This feature can be used for many reasons:
1) Some culture want to give 'Packet money' to their family during the New Year, User A can use this for the purpose
2) Some Group owner want to promote their group to increase the level of members, he can use this feature to encourage people to sign up to his group
3) Some merchant want to increase their awareness, instead of dumping hundred thousand in print ad or online ad, the merchant can use this to encourage people who scan the Merchat QR code and follow the merchant.
4) Many activities can use this feature.

bitmonica

jr. member

Activity: 66

Merit: 1

the app seems very useful and convenient. In sending money, will the sender be notified if the money was received already?

spyQQgood

newbie

Activity: 224

Merit: 0

Does the project cooperate with anyone in order to ensure the withdrawal of the funds, let say, with the help of publicly available ATMs?

Shaurman

member

Activity: 392

Merit: 10

As i understand it, KC wallet is able to work both with fiat and cryptocurrency. Will there be an option of exchange within the wallet implemented?

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: sorrelin on February 11, 2018, 06:34:20 AM

I’ve seen a number of services that he platform’s gonna to provide. Arent you afraid that the app will turn out to be too “heavy”? For example, well known Skype causes some problems due to the low speed of its operation, the reason is that it’s loaded with a too big number of options(

Skype is only an IM, WhatsApp features is better than Skype (some people said)

If you know WeChat in China, then WeChat has more features than WhatsApp and run very smooth without the issue of too heavy. 95% of the citizen in China use WeChat now.

shara

member

Activity: 364

Merit: 10

Will users be able to give each other just cosmetic items, or among them will be those, that are really able to improve a unicorn’s quality?

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: ALWASA on February 11, 2018, 08:14:35 AM

Quote from: unkletoken on February 11, 2018, 05:52:26 AM

Quote from: sinfazat22ron on February 11, 2018, 05:45:59 AM

What’s the soft cap goal?

Good afternoon! The capitalization objective is $0.5 million.

It's good to know that you set 500,000 dollars as your minimum goal funding for it to consider your project as a successful one. But, can I ask how much per token.

When we initial design the plan back to July 2017, we set our soft cap target at $500,000 USD based on the ETH price at that time is $370 p/ETH, so our initial plan is to have 1370 ETH to achieved our soft cap but the ETH price today is up to $830 p/ETH, so we do not need 1370 ETH to achieve our soft cap goal anymore.

Initial plan 1 KCH = 0.002 ETH @ $370 = $0.74

If the ETH price maintains or goes further up, the number of ETH we needed to achieved the soft cap is lesser.

The current 1 KCH = 0.002 ETH @ $830/ETH = $1.66

Due to the ETH price goes up, we increase the EXTRA bonuses to the buyer from our initial plan so the buyers will receive more KCH tokens compare to our initial plan at the same ETH price to contra the ETH price up.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: shara on February 11, 2018, 08:12:27 AM

Will it be possible to make payments using the app? For example, to transfer them to banks in order to pay for services?

As long as the user's bank accept payment from SWIFT or IBAN, the user can make withdraw of his/her account balance to their bank account, then use the fund to pay for service that cannot accept KahnChat payment.

if the service provider also using KahnChat app, you can simply make a payment to the service in KahnChat account balance without withdraw the fund to the bank.

The user can make fund transfer to any user who has KahnChat app.

Let's look at an example below for how KahnChat payment workflow:

Example 1: Making payment
(Assuming you have account balance in KahnChat, User B also have KahnChat account)

User A = You
User B = Seller (Furniture seller, office supplier, cleaning service supplier etc)

User A --->Make Payment--> User B with his/her account balance
User B --->Received Payment--> from User A and supply the service
(In this example, User A do not need to withdraw his/her fund to his/her bank to make payment)

ALWASA

sr. member

Activity: 414

Merit: 250

BITDEPOSITARY - Make ICO's , More Secure

Quote from: unkletoken on February 11, 2018, 05:52:26 AM

Quote from: sinfazat22ron on February 11, 2018, 05:45:59 AM

What’s the soft cap goal?

Good afternoon! The capitalization objective is $0.5 million.

It's good to know that you set 500,000 dollars as your minimum goal funding for it to consider your project as a successful one. But, can I ask how much per token.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: cergfalcone on February 11, 2018, 06:11:11 AM

Quote from: unkletoken on February 11, 2018, 05:52:26 AM

Quote from: sinfazat22ron on February 11, 2018, 05:45:59 AM

What’s the soft cap goal?

Good afternoon! The capitalization objective is $0.5 million.

Peчь идeт o coфт кaпe, или xapд И дaйтe пoжaлyйcтa aдpec кoнтpaктa, чтoбы виднo былo peaльнoe движeнии cpeдcтв.

It might be difficult on this. The reason:
1) The token is not distributed immediately to the token holder after payment, due to
1.1) Token deliver after the ICO closed, so you cannot see any transaction in the contract address as the token is not delivered yet.
1.2) Payment by Credit Card, the fund will be held by our payment processor for 30 days before releasing it to us, so we cannot distribute the token to the token buyer before we actually have a confirmation of the fund arrived.
1.3) Payment by Credit Card, due to fund not release to us and token is not delivered after the ICO close, this cannot see from the contract address.
1.3) We used over 100 ETH address for accepting fund for security reason not a single ETH or BTC address, this is not reflected in the contact address.

We did put the total amount accumulated from Credit Card payment, ETH and BTC in our website.

shara

member

Activity: 364

Merit: 10

Will it be possible to make payments using the app? For example, to transfer them to banks in order to pay for services?

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: sorrelin on February 11, 2018, 07:21:05 AM

Quote from: scifilover on February 11, 2018, 07:13:24 AM

Quote from: sorrelin on February 11, 2018, 07:03:41 AM

Quote from: scifilover on February 11, 2018, 06:56:32 AM

Quote from: sorrelin on February 11, 2018, 06:48:06 AM

Quote from: scifilover on February 11, 2018, 06:42:45 AM

Quote from: sorrelin on February 11, 2018, 06:34:20 AM

I’ve seen a number of services that he platform’s gonna to provide. Arent you afraid that the app will turn out to be too “heavy”? For example, well known Skype causes some problems due to the low speed of its operation, the reason is that it’s loaded with a too big number of options(

Dont worry about thus. I wont tell you about the disadvantages of the competitors, but there’s nothing like this expected in relation to KahnChat. The developers’re taking into account the shortcomings of the competitors and improve the app. By the way, you can find the comparison to the competitors in the WP.

Yes, that’s what my question is about. In comparison to the others, what’s the level of commission of the project?

As for mobile payments, the KC commissions are lower by times (comparing to PayPal). I’d even say that the competitor cant hold a candle with the project in this case))

What other app is KC more similar to in terms of functional?

Well, we may say that it’s similar to Paypal, but this is only in terms of mobile payments. If we’re talking about the communication options, the set of them is so big, that the project leaves its competitors behind.

Okay! Will there be cryptographic chat on the platform? Secret ones, i mean.

Not at the initial launch but could be in the future.

sorrelin

jr. member

Activity: 154

Merit: 1

Quote from: scifilover on February 11, 2018, 07:13:24 AM

Quote from: sorrelin on February 11, 2018, 07:03:41 AM

Quote from: scifilover on February 11, 2018, 06:56:32 AM

Quote from: sorrelin on February 11, 2018, 06:48:06 AM

Quote from: scifilover on February 11, 2018, 06:42:45 AM

Quote from: sorrelin on February 11, 2018, 06:34:20 AM

I’ve seen a number of services that he platform’s gonna to provide. Arent you afraid that the app will turn out to be too “heavy”? For example, well known Skype causes some problems due to the low speed of its operation, the reason is that it’s loaded with a too big number of options(

Dont worry about thus. I wont tell you about the disadvantages of the competitors, but there’s nothing like this expected in relation to KahnChat. The developers’re taking into account the shortcomings of the competitors and improve the app. By the way, you can find the comparison to the competitors in the WP.

Yes, that’s what my question is about. In comparison to the others, what’s the level of commission of the project?

As for mobile payments, the KC commissions are lower by times (comparing to PayPal). I’d even say that the competitor cant hold a candle with the project in this case))

What other app is KC more similar to in terms of functional?

Well, we may say that it’s similar to Paypal, but this is only in terms of mobile payments. If we’re talking about the communication options, the set of them is so big, that the project leaves its competitors behind.

Okay! Will there be cryptographic chat on the platform? Secret ones, i mean.

kahnchat

newbie

Activity: 84

Merit: 0

Quote from: scifilover on February 11, 2018, 06:42:45 AM

Quote from: sorrelin on February 11, 2018, 06:34:20 AM

I’ve seen a number of services that he platform’s gonna to provide. Arent you afraid that the app will turn out to be too “heavy”? For example, well known Skype causes some problems due to the low speed of its operation, the reason is that it’s loaded with a too big number of options(

Dont worry about thus. I wont tell you about the disadvantages of the competitors, but there’s nothing like this expected in relation to KahnChat. The developers’re taking into account the shortcomings of the competitors and improve the app. By the way, you can find the comparison to the competitors in the WP.

The app is just an interface. An UI that communicate to the XMPP server for IM and blockchain for cryptocurrency related activities. XMPP server can support superb load. This is no issue as long as the server spec is kept up with the load requirement.

scifilover

newbie

Activity: 266

Merit: 0

Quote from: sorrelin on February 11, 2018, 07:03:41 AM

Quote from: scifilover on February 11, 2018, 06:56:32 AM

Quote from: sorrelin on February 11, 2018, 06:48:06 AM

Quote from: scifilover on February 11, 2018, 06:42:45 AM

Quote from: sorrelin on February 11, 2018, 06:34:20 AM

I’ve seen a number of services that he platform’s gonna to provide. Arent you afraid that the app will turn out to be too “heavy”? For example, well known Skype causes some problems due to the low speed of its operation, the reason is that it’s loaded with a too big number of options(

Dont worry about thus. I wont tell you about the disadvantages of the competitors, but there’s nothing like this expected in relation to KahnChat. The developers’re taking into account the shortcomings of the competitors and improve the app. By the way, you can find the comparison to the competitors in the WP.

Yes, that’s what my question is about. In comparison to the others, what’s the level of commission of the project?

As for mobile payments, the KC commissions are lower by times (comparing to PayPal). I’d even say that the competitor cant hold a candle with the project in this case))

What other app is KC more similar to in terms of functional?

Well, we may say that it’s similar to Paypal, but this is only in terms of mobile payments. If we’re talking about the communication options, the set of them is so big, that the project leaves its competitors behind.

Topic: ⭐[ANN][ICO]⭐⭐⭐⭐KahnChat Mobile Payment and Social Networking Crowdsale Live Now - page 21. (Read 4593 times)